TENNESSEE BANKERS ASSOCIATION INCORPORATED: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- TENNESSEE BANKERS ASSOCIATION INCORPORATED (EIN 62-0379580)
- Tax period
- 2016-05-01 to 2017-04-30
- Filed
- 2017-09-07
- IRS object ID
- 201722509349300117
- Schema version
- 2016v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-09-07T10:00:45-05:00 | ReturnTs |
| Tax Period End | 2017-04-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 350921680 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CROWE HORWATH LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 720 Cool Springs Blvd Suite 600 | AddressLine1Txt |
| City | Franklin | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 370677260 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-05-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 620379580 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TENNESSEE BANKERS ASSOCIATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TENN | BusinessNameControlTxt |
| Phone | 6152444871 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 211 ATHENS WAY 100 | AddressLine1Txt |
| City | NASHVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 372281381 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | COLLIN Barrett | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2017-09-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jackie Coburn | PreparerPersonNm |
| PTIN | P00244301 | PTIN |
| Phone | 6153605500 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COLLIN BARRETT | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 211 ATHENS WAY 100 | AddressLine1Txt |
| City | NASHVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 372281381 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $9,738,305 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.TNBANKERS.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1890 | FormationYr |
| Legal Domicile State | TN | LegalDomicileStateCd |
| Activity Or Mission | A TRADE ASSOCIATION ORGANIZED TO ASSIST, INFORM, & EDUCATE ITS MEMBERS WHO CONSIST OF COMMERCIAL BANKS, THRIFT INSTITUTIONS & TRUST COMPANIES IN TENNESSEE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 23 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 22 | VotingMembersIndependentCnt |
| Total Employee | 21 | TotalEmployeeCnt |
| Total Volunteers | 465 | TotalVolunteersCnt |
| Total Gross UBI | $772,509 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $301,350 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $499,152 | PYContributionsGrantsAmt |
| CY Contributions Grants | $548,108 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $4,558,304 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $4,820,043 | CYProgramServiceRevenueAmt |
| PY Investment Income | $257,899 | PYInvestmentIncomeAmt |
| CY Investment Income | $395,664 | CYInvestmentIncomeAmt |
| PY Other Revenue | $91,869 | PYOtherRevenueAmt |
| CY Other Revenue | $104,313 | CYOtherRevenueAmt |
| PY Total Revenue | $5,407,224 | PYTotalRevenueAmt |
| CY Total Revenue | $5,868,128 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,210,139 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,132,381 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,256,366 | PYOtherExpensesAmt |
| CY Other Expenses | $3,359,506 | CYOtherExpensesAmt |
| PY Total Expenses | $5,466,505 | PYTotalExpensesAmt |
| CY Total Expenses | $5,491,887 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$59,281 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $376,241 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $15,950,449 | TotalAssetsBOYAmt |
| Total Assets EOY | $16,462,931 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,673,822 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,725,360 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $14,276,627 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $14,737,571 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE MISSION OF THE TENNESSEE BANKERS ASSOCIATION IS TO REPRESENT AND SUPPORT ITS MEMBERS, ENABLING THEM TO PROVIDE A FULL RANGE OF QUALITY FINANCIAL PRODUCTS AND SERVICES WHILE MAINTAINING SAFETY AND SOUNDNESS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | THE ORGANIZATION PROVIDED 62 EDUCATIONAL SEMINARS FOR BANKERS AND ASSOCIATE MEMBERS IN TENNESSEE. THE SEMINARS HAD A TOTAL OF 5,573 ATTENDEES. | Desc |
| Total Program Service Expenses | $0 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | Yes (true) | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 68 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 21 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 23 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 22 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (true) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Angela Griffin | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6152444871 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 211 Athens Way Suite 100 | AddressLine1Txt |
| City | Nashville | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37228 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (32 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| COLLIN B BARRETT | |||||||||
| PRESIDENT | 29.0 | 9.0 | Yes (X) | Yes (X) | $264,093 | $0 | $79,024 | ||
| GORDON MAJORS | |||||||||
| CHAIRMAN | 1.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| JOHN MUSE | |||||||||
| VICE-CHAIRMAN | 1.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| LEE MOSS | |||||||||
| CHAIRMAN-ELECT | 1.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| DAVID VERBLE | |||||||||
| EX-OFFICIO | 1.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| JOHN JORDAN | |||||||||
| EX-OFFICIO DIRECTOR | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| H MCCALL WILSON JR | |||||||||
| DIRECTOR | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| R LYNN SHIPLEY JR | |||||||||
| DIRECTOR | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| PHILLIP L CRAWFORD | |||||||||
| DIRECTOR | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| MICHAEL E CARY | |||||||||
| DIRECTOR | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| RONALD G SMITH | |||||||||
| EX-OFFICIO | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| MICHAEL KRAMER | |||||||||
| DIRECTOR | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| BETTY SUE HIBDON | |||||||||
| DIRECTOR | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| D BRYAN JORDAN | |||||||||
| DIRECTOR | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| R MOLITOR FORD JR | |||||||||
| EX-OFFICIO DIRECTOR | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| PHILLIP RENFROE | |||||||||
| EX-OFFICIO DIRECTOR (EXP 11/16) | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| WILLIAM B MARSH | |||||||||
| EX-OFFICIO | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| JEFF AGEE | |||||||||
| EX-OFFICIO | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| GEORGE SHIRLEY | |||||||||
| DIRECTOR (START 6/17) | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| BILL NIGH | |||||||||
| DIRECTOR (START 6/17) | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| M TERRY TURNER | |||||||||
| DIRECTOR (EXP 5/16) | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| ANDERSON L SMITH | |||||||||
| DIRECTOR (EXP 5/16) | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| J LEE STEWART | |||||||||
| DIRECTOR (EXP 5/16) | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| BILL YODER | |||||||||
| EX-OFFICIO DIRECTOR (START 11/16) | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| RADFORD WEST | |||||||||
| EX-OFFICIO (START 6/16) | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| CHRIS SCHLUETER | |||||||||
| EX-OFFICIO DIRECTOR (EXP 04/17) | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| MICHELLE BING | |||||||||
| EX-OFFICIO DIRECTOR (START 04/17) | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| THOMAS BATES JR | |||||||||
| EX-OFFICIO DIRECTOR | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| ANGELA D GRIFFIN | |||||||||
| EXECUTIVE VP/CFO/TREASURER | 23.0 | 15.0 | Yes (X) | $114,956 | $0 | $41,203 | |||
| TIMOTHY L AMOS | |||||||||
| EXECUTIVE VP/General Council/Secretary | 32.0 | 6.0 | $194,111 | $0 | $75,563 | Yes (X) | |||
| AMY HEASLET | |||||||||
| SR VP & ASSOC COUNSEL | 38.0 | $127,110 | $0 | $17,016 | Yes (X) | ||||
| STEVE CURTIS | |||||||||
| VP OF INFORMATION TECHNOLOGY | 38.0 | $105,402 | $0 | $18,485 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $805,672 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $231,291 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 5 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| DWC Construction Company | |||||
| 800 6th Avenue STE 100 | nASHVILLE | TN | 37203 | CONSTRUCTION | $280,483 |
| Stage Left Catering Inc | |||||
| 817 Marvin Layne Rd | Mt Juliet | TN | 37122 | CATERING | $130,418 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| Info In Schedule O Part VIII | Yes (X) | InfoInScheduleOPartVIIIInd |
| Related Organizations | $192,500 | RelatedOrganizationsAmt |
| All Other Contributions | $355,608 | AllOtherContributionsAmt |
| Total Contributions | $548,108 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| convention & seminar fee | 900099 | $2,425,969 | $2,425,969 | |
| membership dues | 900099 | $950,962 | $950,962 | |
| administrative fees | 524114 | $375,000 | $375,000 | |
| commissions | 524114 | $429,208 | $429,208 | |
| lease income | 532000 | $189,576 | $189,576 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $449,328 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $271,845 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $177,483 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $4,820,043 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $132,937 | TotalRevenueColumnAmt |
| Exclusion | $132,937 | ExclusionAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,132,784 | SecuritiesAmt |
| Other | $120 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,869,788 | SecuritiesAmt |
| Other | $389 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $262,996 | SecuritiesAmt |
| Other | -$269 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $262,727 | TotalRevenueColumnAmt |
| Exclusion | $262,727 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|---|
| advertising income | 900099 | $30,450 | $30,450 | |
| bankers directory | 900099 | $18,923 | $18,923 | |
| administrative fee | 900099 | $10,000 | $10,000 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $44,940 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $44,940 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $104,313 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,868,128 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $4,151,847 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $772,509 | UnrelatedBusinessRevenueAmt |
| Exclusion | $395,664 | ExclusionAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $782,889 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,074,580 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $135,820 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,834 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $122,258 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,597 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,394 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,157 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,536 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,528 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $94,483 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,717 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $228,111 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $61,671 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,157,180 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $579 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $362,868 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,597 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| OTHER TAXES | $102,833 |
| MAGAZINE EXPENSE | $71,926 |
| PROCESSING FEES | $33,525 |
| DUES & SUBSCRIPTIONS | $33,649 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,155 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,491,887 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $274,170 | BOYAmt |
| EOY | $191,384 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $324,605 | BOYAmt |
| EOY | $267,424 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $145,583 | BOYAmt |
| EOY | $242,136 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $154,869 | BOYAmt |
| EOY | $341,669 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $10,996,024 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,170,028 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,822,181 | BOYAmt |
| EOY | $7,825,996 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,358,678 | BOYAmt |
| EOY | $5,679,844 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $919,946 | BOYAmt |
| EOY | $830,722 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $950,417 | BOYAmt |
| EOY | $1,083,756 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,950,449 | BOYAmt |
| EOY | $16,462,931 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $486,764 | BOYAmt |
| EOY | $511,521 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $996,524 | BOYAmt |
| EOY | $1,174,879 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,227 | BOYAmt |
| EOY | $11,257 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $176,307 | BOYAmt |
| EOY | $27,703 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,673,822 | BOYAmt |
| EOY | $1,725,360 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,276,627 | BOYAmt |
| EOY | $14,737,571 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,276,627 | BOYAmt |
| EOY | $14,737,571 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,950,449 | BOYAmt |
| EOY | $16,462,931 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $376,241 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$26,484 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $111,187 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nonded | false | SubstantiallyAllDuesNondedInd |
| Only In House Lobbying | false | OnlyInHouseLobbyingInd |
| Agree Carryover Prior Year | false | AgreeCarryoverPriorYearInd |
| Dues Assessments | $950,962 | DuesAssessmentsAmt |
| Non Deductible Lbbyng Pltcl CY | $47,846 | NonDeductibleLbbyngPltclCYAmt |
| Non Deductible Lbbyng Pltcl Tot | $47,846 | NonDeductibleLbbyngPltclTotAmt |
| Aggregate Reported Dues Ntc | $0 | AggregateReportedDuesNtcAmt |
| Carried Over | $0 | CarriedOverAmt |
| Taxable | $47,846 | TaxableAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,062,438 | OtherCostOrOtherBasisAmt |
| Book Value | $1,062,438 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,528,002 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,110,596 | DepreciationAmt |
| Book Value | $6,417,406 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $130,602 | OtherCostOrOtherBasisAmt |
| Book Value | $130,602 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,274,982 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,059,432 | DepreciationAmt |
| Book Value | $215,550 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $7,825,996 | TotalBookValueLandBuildingsAmt |
Closely Held Equity Interests CloselyHeldEquityInterestsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $830,722 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $830,722 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| CASH SURRENDER VALUE OF OFFICER LIFE INSURANCE | $1,066,201 |
| INTEREST RECEIVABLE | $17,555 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $1,083,756 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SUPPLEMENTAL RETIREMENT LIABILITY | Desc |
| Amt | $27,703 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $27,703 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote | FormAndLineReferenceDesc |
| Explanation | THE ASSOCIATION AND THE COMPANY FOLLOWS GENERALLY ACCEPTED ACCOUNTING PRINCIPLES WITH RESPECT TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. UNDER THE GUIDANCE, A TAX POSITION IS RECOGNIZED AS A BENEFIT ONLY IF IT IS "MORE LIKELY THAN NOT" THAT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITONS NOT MEETING THE "MORE LIKELY THAN NOT" TEST, NO TAX BENEFIT IS RECORDED. THE ASSOCATION AND THE COPANY DO NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. THE ASSOCAITON AND THE COMPANY RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXEPENSE. THE ASSOCIATON AND THE COMPANY DID NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES AT APRIL 30, 2017 AND 2016. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| COLLIN B BARRETT | ||||||||||||||
| PRESIDENT | $223,202 | $0 | $39,053 | $0 | $1,838 | $0 | $58,061 | $0 | $20,963 | $0 | $343,117 | $0 | $0 | $0 |
| ANGELA D GRIFFIN | ||||||||||||||
| EXECUTIVE VP/CFO/TREASURER | $100,823 | $0 | $14,043 | $0 | $90 | $0 | $11,284 | $0 | $29,919 | $0 | $156,159 | $0 | $0 | $0 |
| TIMOTHY L AMOS | ||||||||||||||
| EXECUTIVE VP/General Council/Secretary | $175,867 | $0 | $18,015 | $0 | $229 | $0 | $43,450 | $0 | $32,113 | $0 | $269,674 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 1a Travel for companions | Travel for companions: Senior Management and Board Members are provided travel for companions when there is deemed to be a bonafide business purpose which benefits the association. The expenses are reimbursed to the employee and/or board member once proper substantiation has been remitted. These payments are not taxable compensation to the employee or board member. |
| Schedule J, Part I, Line 1a Tax indemnification and gross-up payments | Tax Indemnification and gross-up payments: Employee Christmas Bonuses are distributed to all employees and taxable to the recipient and grossed up for FICA and Medicare taxes. |
| Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan | The following individuals participated in a supplemental nonqualified retirement plan; the deferred amounts below are listed in Schedule J, Part II, column (C): AMOUNTS DEFERRED IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN IN CY 2016: COLLIN BARRETT $35,000 AND TIMOTHY AMOS $25,691 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (14 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Line 1a Delegate broad authority to a committee | There shall be an Executive Committee of the Board of Directors composed of the Chairman, Immediate Past Chairman, the Chairman elect, the Vice Chairman, and the President. The Executive Committee shall have charge of the general business and financial affairs of the Association when the Board of Directors is not in session. The Executive Committee may meet upon the call of the Chairman or President of the Association, and the attendance of three members of this committee shall constitute a quorum. This committee shall make a full report of all official actions taken. |
| Form 990, Part VI, Line 2 Family/business relationships amongst interested persons | COLLIN B. BARRETT AND ANGELA D. GRIFFIN - BOTH SERVE ON THE BOARD OF FINANCIAL PRODUCTS & SERVICES, INC. , A RELATED FOR-PROFIT COMPANY - Business relationship |
| Form 990, Part VI, Line 4 Significant changes to organizational documents | IN JUNE OF 2016, THE BYLAWS WERE AMENDED TO REFLECT THE CHANGES IN THE COMPOSITION OF THE GOVERNING BODY'S VOTING MEMBERS. |
| Form 990, Part VI, Line 6 Classes of members or stockholders | The Tennessee Bankers Association has 2 classes of members: (1) Regular and (2) Associate. The members (or their delegates) may attend membership meetings and vote and participate in the business of such meetings. The Chairman, Chairman-elect, and Vice Chairman shall be elected by the regular members at the annual meeting. In addition, the bylaws may be amended and voted on by the delegates at the annual meeting. |
| Form 990, Part VI, Line 7a Members or stockholders electing members of governing body | Members have the right to voice vote in election matters at the annual meeting. The Tennessee Bankers Association has 2 classes of members: (1) Regular and (2) Associate. The by-laws may be amended at any annual meeting or by a written ballot by a vote of two thirds of the delegates present or a majority of the voting power, whichever is less, notice of the proposed amendment having been first submitted to the secretary. |
| Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders | The Chairman, Chairman Elect, and Vice-Chairman shall be elected by the regular members at the annual meeting for a period of one year and shall serve until their successors are elected. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | THE FORM 990 AND ALL RELATED SCHEDULES ARE REVIEWED BY THE CFO, PRESIDENT, AND EXECUTIVE COMMITTEE OF THE TENNESSEE BANKERS ASSOCIATION BOARD OF DIRECTORS PRIOR TO FILING IT WITH THE IRS. An electronic copy of the final Form 990 is provided to all members of the organization's governing body prior to filing with the IRS. |
| Form 990, Part VI, Line 12c Conflict of interest policy | The board of directors, officers, and key employees must review and sign a written copy of the conflict of interest policy on an annual basis. Senior management reviews for conflict disclosures and none have been disclosed, suspected, or discovered. Should there be the possibility of a conflict, the conflict may be resolved by having the director disclose to the chairman, and, if necessary the entire board, the possibility and nature of the conflict. After disclosure, the board member may participate in a discussion on the issue. However, the director should abstain in any vote on the matter. In order to assure compliance with the provisions of this policy, it is the duty of every director, officer, and employee to bring to the attention of the appropriate board member, senior officer, or supervisor, any violation or possible violation of this policy. It is the further duty of the person so notified to communicate the violation or potential violation to the president, or if the violation is by the president, to the chairman of the board, who shall institute an investigation of such violation or potential violation. A violation of this policy shall, at the discretion of the board, result in the suspension or termination of the director, officer, or employee involved. |
| Form 990, Part VI, Line 15a Process to establish compensation of top management official | The compensation of the President is reviewed by the compensation committee and voted on by the full board of directors. Salary surveys are utilized and sent to the compensation committee and full board for approval, and contemporaneous documentation is performed with regard to these transactions. This process was undertaken in FY 2017. |
| Form 990, Part VI, Line 15b Process to establish compensation of other employees | The compensation of other officers and key employees is reviewed by the compensation committee and voted on by the full board of directors. Salary surveys are utilized and sent to the compensation committee and full board for approval, and contemporaneous documentation is performed with regard to these transactions. This process was undertaken in FY 2017. |
| Form 990, Part VI, Line 19 Required documents available to the public | Governing documents, conflict of interest policies, and financial statements are not required disclosures pursuant to Internal Revenue Code (IRC) Section 6104. These documents are not available to the public at this time. |
| Form 990, Part VIII, Line 2f Other Program Service Revenue | Magazine - Total Revenue: 95771, Related or Exempt Function Revenue: , Unrelated Business Revenue: 95771, Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Training Center - Total Revenue: 353557, Related or Exempt Function Revenue: 271845, Unrelated Business Revenue: 81712, Revenue Excluded from Tax Under Sections 512, 513, or 514: ; |
| Form 990, Part VIII, Line 11d Other Miscellaneous Revenue | Miscellaneous Income - Total Revenue: 44940, Related or Exempt Function Revenue: 44940, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; |
| Form 990, Part XI, Line 9 Other changes in net assets or fund balances | EQUITY IN EARNINGS OF SUBSIDIARY - 111187; |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FINANCIAL PRODUCTS & SERVICES INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 211 ATHENS WAY | AddressLine1Txt |
| City | NASHVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 372281383 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 621470108 | EIN |
| Primary Activities | INSURANCE | PrimaryActivitiesTxt |
| Legal Domicile State | TN | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TENNESSEE BANKERS ASSOCIATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C Corporation | EntityTypeTxt |
| Share Of Total Income | $204,911 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $1,646,352 | ShareOfEOYAssetsAmt |
| Ownership | 1 | OwnershipPct |
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (true) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (true) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | Yes (true) | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (true) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (4 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| FINANCIAL PRODUCTS AND SERVICES INC | ||
| A | $189,576 | FMV |
| FINANCIAL PRODUCTS AND SERVICES INC | ||
| C | $192,500 | FMV |
| FINANCIAL PRODUCTS AND SERVICES INC | ||
| L | $375,000 | FMV |
| FINANCIAL PRODUCTS AND SERVICES INC | ||
| F | $200,000 | FMV |
Comments